Archive for May 23rd, 2018
Cayman to bring fight over BO to local courts
(CNS): The premier has said that the Cayman Islands will resist the Order-in-Council from Britain if it seeks to impose a public beneficial ownership register before the rest of the world adopts this model of transparency. Alden McLaughlin said that having taken advice from leading constitutional lawyers in London, the government will not seek a […]
Cayman seeking constitutional changes
(CNS): The Cayman Islands Government, with the support of the opposition, is entering into dialogue with the United Kingdom to change parts of the Constitution relating to the territory’s relationship with Britain. Premier Alden McLaughlin said he had already spoken with Prime Minister Theresa May about clarifying and amending parts of the Constitution to prevent […]
Director suspended as port begins probe
(CNS): After weeks of revelations regarding a catalog of issues surrounding the beleaguered port director, Clement Reid, officials confirmed Wednesday that he had been suspended from his job and an internal investigation has been opened. In a short statement from the Port Authority of the Cayman Islands board of directors, they said he had been “suspended […]
Rivers talked with financial sector ahead of EU trip
(CNS): Ahead of her trip to Brussels this week, Financial Services Minister Tara Rivers and her technical officials engaged with the local industry about Cayman’s commitments in relation to the EU’s assessment of jurisdictions’ tax regimes. Rivers said “developments remain fluid” and that government’s process for fulfilling its commitments continues to include the participation of the […]
